Chapter 833 - Grasp the Measure

Dealing with the Great Powers. The most taboo intention is to use the strength of the country slightly, and there is a problem that can be tougher, but it must be tactful in the handling of certain issues, especially financial issues.

Behind finance is industry and towel market, and this problem must be dealt with in a good way, otherwise. Not only can financial markets fluctuate wildly, but even the industrial market will have problems.

After the outbreak of the European war, the reason why China was able to compete with Japan for the European market on a relatively equal footing was because it was cautious in handling financial issues and did not blatantly "offend." The old financial order of the great powers in China, and the basis of this old order is the operation of foreign banks in China.

Foreign banks are not subject to financial supervision by the Ministry of Finance and adhere to the principle of "absolute secrecy." "Taking advantage of these privileges to aggressively absorb deposits in China not only strengthens foreign financial groups, but also weakens the competitiveness of Chinese financial groups, which is why many bankers and financiers in China have strongly called on the central government and the Ministry of Finance to take effective measures to limit the scope of business and the interest rates on deposits and loans of foreign banks in China."

However, this is easier said than done, and the great powers have always attached great importance to financial control over China. In particular, the three European countries of France, Russia, and Britain, after the republic, were in a hurry to form an international banking group and wanted to exclude the United States and Germany, that is, they wanted to completely control China's finances, and only because of the rapid rise to power of the united front and the differences between various countries, but the countries have always refused to give up their financial privileges, so although the central government and the Ministry of Finance have long planned to rectify the national financial order, they have always been unable to bear it.

After the outbreak of the war in Europe, the time finally came, the Ministry of Finance first promulgated a policy to implement the "deposit principal protection system" for all local Chinese banks that have been recognized by the Ministry of Finance, under this system, these banks must be subject to the Ministry of Finance's semi-annual account audit, and at the same time, once these banks fail due to poor management, the Ministry of Finance is responsible for protecting the interests of deposit depositors, and the deposit certificates are paid by the Ministry of Finance according to the principal. After the implementation of this policy. The gap between local and foreign banks in China immediately narrowed, and many Chinese began to trust Chinese-run public and private banks. But on the other hand, due to the refusal of foreign banks to disclose their accounts and depositors' names to the Ministry of Finance. Therefore, many Chinese who are suspicious or whose property is not properly sourced still keep their money in foreign banks.

To rectify the financial order of the gold country, these foreign banks cannot be allowed to do their own thing, so under the direct instruction of Zhao Bei, the Ministry of Finance finally took advantage of the opportunity of the Russian Revolution to attack the Sino-Russian Daosheng Bank first. This is where these new financial policies emerge.

The first step in these new financial policies was the "Financial Consolidation Order" issued by the Ministry of Finance, according to which Daosheng Bank was not only required to immediately surrender all its accounts, but also had to be supervised by the China Salt Bank, and the Ministry of Finance's excuse was also high-sounding, because Russia was now "in absolute chaos" and "could no longer guarantee the rights and interests of Chinese and foreign businessmen and depositors." ”

Of particular importance is the fact that the Ministry of Finance is officially issuing this "financial consolidation order" against Russia's Daosheng Bank. It had previously been understood by the French financial community, and the French were also very worried that the Dowson Bank would collapse with the fall of the Russian Imperial Government. Although the bank was controlled by the Russian imperial government, after all, the French financial consortium also owned shares and investments in the bank, and in the face of the chaos of the Russian Revolution, the French were somewhat at a loss, so when the Chinese Ministry of Finance offered to supervise the financial business of the bank in China, many French financiers breathed a sigh of relief.

If this proposal had been put forward by the Manchu court, the French would have disdained it, but now it is the United Front government that has put forward this proposal for rectification and supervision, so the French naturally believe in the executive power of this government, after all, in the past few years, the United Front government has proved its control over the national situation with practical actions, although the governing philosophy of this United Front government is far from the liberals and republicans in the French government, but this does not affect the French financiers on this. The government's confidence, not to mention, can further strengthen the friendly relations between China and France by using this rectification and supervision of the financial business of Daosheng Bank. What reason did the French have for rejecting this proposal from the Chinese? As for the possible ripple effects of this, French financiers can not care so much about it now, and will talk about minimizing the losses first.

So, with the support of public opinion in the French financial circles. China's central government and the Ministry of Finance have rightly informed the embassies in China of this, "Financial Rectification Order." "Except for the Russian ambassador who expressed his dissatisfaction and the British ambassador who expressed reservations. After all, the chaotic situation of the Russian Empire is in front of them, and no one knows whether the empire can quickly stabilize the domestic order, and if a civil war breaks out, the credibility of Russian financial institutions will be very worrying.

According to the Ministry of Finance, once the inventory team is formed, it will be stationed at Daosheng Bank. Examine the accounts and supervise financial operations until the situation in Russia has calmed down, at which point the course of action will be determined in the light of the situation in Russia.

In the eyes of diplomats from various countries, this action of the central government of China and the Ministry of Finance is only to supervise the business of Daosheng Bank in order to ensure the interests of all parties, but in the eyes of the Russian Imperial Ambassador to China, Kosoviz, this action is not only provocative, but also very dangerous.

"With regard to the announcement by your Ministry of Finance of the supervision of the Daosheng Bank, my Government has authorized me to make formal representations on this matter with the Central Government of your country and His Excellency the President, and if the Central Government of your country cannot withdraw this order, then I will lodge a contender protest with your country on behalf of the Government of the Russian Empire." Gorsoviz tried his best to make a menacing appearance, and Pan Tattoo was empty after all. The expression of the face is quite unnatural, and the speech is riveting, and Chuan Bu also seems to be reciting lines.

Facing the angry Russian ambassador, Zhao Bei just nodded, and then shook his head again, calmly appeasing the angry Russian diplomat.

"Mr. Ambassador, for your position. I understand, but I have to tell you clearly. I will not object to this order of the Ministry of Finance on financial consolidation and supervision, because this order must be implemented and implemented quickly. Otherwise, once the situation in Russia deteriorates in an all-round way, no one can guarantee that the Bank will not collapse, and that will obviously harm the interests of the relevant stakeholders. The reason why my Government has taken action is also out of precautionary considerations, and I hope that Mr. Ambassador will understand my Government's position that once the situation in Russia is stabilized, the issue of Dosheng Bank can be negotiated in a peaceful manner. "Nope! No! The position of the Imperial Government is very clear: Mr. President must immediately withdraw this financial regulatory order, otherwise the Imperial Government may take extraordinary measures to solve the problem. ”

Kosovez suddenly became anxious, saying that he had tried his best to suppress the anger in his heart when he said that the Tianjin Concession was taking over, but now, since the other party was unwilling to give in to the financial supervision of Daosheng Bank, he could not be blamed for his donkey skills

Finish.

"Mr. Ambassador, may I ask if you are now representing the Imperial Government of Russia or the Provisional Government of Russia?"

Zhao Bei did not respond positively, but took a sideways detour.

"What's the difference? They are all representatives of the Russian people, and Daosheng Bank is the bank of the Russian people, even those branches set up in China are also branches of the Russian people. ”

Kosovitz carefully chose his words, and he suddenly realized that his current position was very awkward, and the other party's question was not necessarily just a casual question, there was probably a conspiracy hidden in it, and he could not be less cautious.

"Hua-Russia Daosheng Bank, there is a "Hua" in the middle. This shows that Daosheng Bank is also related to the rights and interests of our people. There are good reasons for it to be supervised by our government, not to mention the fact that the situation in Russia is now chaotic, and it is still unknown whether the tsar will win or the Provisional Government will win, so it is now supervised by our Ministry of Finance through the Central Bank. It is both reasonable and legal, and even the governments of France, the United States and other countries have expressed their understanding.

As for what Mr. Ambassador said earlier, if this financial regulation order is not revoked, your government may resort to "extraordinary measures". Solving the problem is obviously a verbal threat, but given that diplomacy is no small matter, I can attach importance to it, but I must also tell Mr. Ambassador that my government is fully prepared, and our team is even more vigilant, and once there is a police on the border, no matter which country the enemy is, we will meet it head-on. This is clearly a war of self-defense and has nothing to do with the war in Europe. ”

Zhao Bei's words were quite explicit, so he almost pointed at Mesovitz's nose and said, "I'm going to beat you."

This is simply the old Chinese saying "take advantage of your illness, take your life", Kosovitz is indeed helpless now, if Russia does not explode the revolution, perhaps this "mad president" will not be so arrogant at all.

"Since Mr. President refuses to negotiate amicably, then I can only report to the Russian Government, and at that time, all the consequences will be borne by Mr. President and the central government of your country!"

With nothing else to do, Kosovez retreated.

"Don't forget, please Mr. Ambassador telegraph to the commander of the Russian army in Tianjin, don't obstruct our armed forces from taking over the concession, I don't want to see the war break out again."

Zhao Bei shouted a few times at the back of Kosoviz's head, which made Tang Shaoyi, the foreign minister standing beside him, frown, and he didn't care about personally sending the Russian ambassador, he whispered in Zhao Bei's ear.

"I don't know what the incident in the Russian concession in Tianjin has to do with the Military Intelligence Bureau?"

Listening to the meaning of Tang Shaoyi's words, he suspected that the riot and chaos in the Russian Concession in Tianjin were planned by the Military Intelligence Bureau, and the president obviously knew about it.

Zhao Bei smiled faintly and said, "Chief Tang." Your suspicions are too serious. The events in the Russian concession in Tianjin had nothing to do with the Military Intelligence Bureau, nor did it have anything to do with the central government! ”

A few words to clear the central government and finish speaking. Zhao Bei turned around and left the state guesthouse, which made everyone present look at each other a little.

"What does the president mean by this, is he really going to war with the Russians?"

Finance Minister Xiong Xiling was a little puzzled, the president called him from the Ministry of Finance, he thought he would compete with the Russian ambassador, but who knew that he did not intervene from beginning to end, and it became a complete decoration. You can only watch the president perform.

"Russia is now in civil strife, where can we be distracted from fighting with us? If we really fight, aren't you afraid that we will unite with Germany? ”

Wang Yongjiang's words made Xiong Xiling come back to his senses. He patted his sleeve, then sighed.

"Now the situation in the world is getting more and more difficult for me to see, I, I better do my old job, tomorrow, I will take the financial supervision team to the Northeast, the headquarters of Daosheng Bank is in the other grad, we can't go, but those branches can't run, so I hold them in the palm of the Ministry of Finance."

"This has to be protected by the army, and there is still a Russian ** team stationed in North Manchuria." Tang Shaoyi reminded.

Xiong Xiling smiled bitterly: "Didn't you think of this when you became president?" Otherwise, why was I worried that a war would break out between China and Russia just now? ”

After speaking, he left with a wry smile, but Tang Shaoyi stood there stunned for a long time, still pondering about the matter of the Yujin Russian Concession.

"On the other side of the Tianjin Concession, who is fanning the flames behind it? Why is this routine so familiar? I hope the president will be in a good position. ”